Bitcoin falls below $64,000 as drawdown from October high tops 24%
MARKETSBitcoincoinbrief/daily · 2 sources
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What happened
BTC traded near $64,000, with CoinGecko showing about $65,500 on the afternoon of 14 November and Newhedge logging long liquidations below $66,000. The Defiant reports the drawdown from the October high now tops 24%, following a break below $72,000 on 12 November. The Defiant argues a SpaceX IPO comparison offers a bullish scenario but is not proof that selling is nearly over. Key level to watch is whether price can reclaim the $72,000 area that was lost.
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CryptoSlateThe Defiant
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